Cut in OPR can boost consumer spending power, property industry, says Green Target CEO
KUALA LUMPUR (July 14): Bank Negara Malaysia's cutting of the overnight policy rate (OPR) from 3.
BAssets ties up with Foshan City to foster trading activities
KUALA LUMPUR (July 13): Berjaya Assets Bhd (BAssets)'s unit, Berjaya Waterfront Sdn Bhd, has inked a Memorandum of Understanding (MoU) with Foshan City Bureau of Commerce (FCBC) to establish a strategic collaboration partnership to foster trade and investment activities.
Tropicana sells freehold plot in Gelang Patah for RM569.9m
KUALA LUMPUR (July 4): Tropicana Corp Bhd is selling a freehold plot measuring 251.
Damansara Realty banking on property unit to return to the black
KUALA LUMPUR (July 4): Many companies may have painted a gloomy outlook for the domestic property sector, but this is the sector Damansara Realty Bhd is focusing on this year in seeking to return to profitability.
Elegant eclecticism
LOCATED in the upmarket neighbourhood of Mont’Kiara is a guarded residential development known as Serene Kiara, which comprises a cluster of neatly arranged off-white houses perched on higher ground and visible from the Penchala Link.
UEM Sunrise sells land to South Korean cosmetic co
KUALA LUMPUR (June 29): UEM Sunrise Bhd's wholly-owned subsidiary UEM Land Bhd signed a sale and purchase agreement (SPA) with South Korea-based cosmetic company AmorePacific Corp for the sale of a 10ha (25.
BCB scales down launches to bite-sized portions
KUALA LUMPUR (June 27): Little-known Johor Bahru-based property developer BCB Bhd, which has seen its earnings balloon near six times in the last four years, is scaling down its launches to bite-sized portions as headwinds continue to buffet the local property market.
Glomac plans RM1.2 bil worth of launches for FY17
KUALA LUMPUR (June 16): Property developer Glomac Bhd, whose latest quarterly profit has fallen 26% according to its bourse filing yesterday, is planning RM1.
UDA Holdings to open two new hotels in five years
PEKAN, PAHANG (June 12): UDA Holdings Bhd (UDA) wants to open a couple of new hotels under its Ancasa brand in the next half decade, according to a report from Bernama.